Subcontractors are the building blocks of residential and commercial construction. They’re the ones doing the foundation, framing, drywall, glass, plumbing. Without subcontractors, projects go nowhere. “Subcontractors are crucial in anything that gets done around this town, especially on the building end of the work,” said Lance Semenko, chief operating officer, Q&D … [Read more...] about On the Job: Subcontractors Critical to Construction Industry
Reno business
Red Report: June 2015
E Sale, Industrial ADDRESS 410 Mark Leany Dr., 89011 BUYER No Sweat Mechanical LLC SELLER M&R Leasing LLC DETAILS 5,400 SF; $415,000 APN 178-01-412-003 BUYER’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group SELLER’S REP Jack Holler Commercial Real Estate Lease, Retail ADDRESS 617 Mall Ring Rd., Ste 120, 89014 TENANT Wellness Connection of Nevada … [Read more...] about Red Report: June 2015
Office Summary: First Quarter 2015
Southern Nevada Las Vegas Valley office vacancy rates during the first quarter of 2015 ranged from 16.5 percent for Class C space to 29.3 percent for Class A space. The overall vacancy rate was 21.7 percent, a slight rise above the 21.3 percent recorded in quarter four of 2014. Q1’s rise equates to the first increase in vacancy rate in 6 quarters. Completions for Q1 were … [Read more...] about Office Summary: First Quarter 2015
Business Indicators: June 2015
The “advance” estimate for first quarter 2015 shows U.S. real gross domestic product increasing at an annualized rate of 0.2 percent. In fourth quarter 2014, real GDP increased by 2.2 percent. Personal consumption expenditures, federal government spending, changes in private inventories and residential investment made positive contributions. Non-residential fixed investment, … [Read more...] about Business Indicators: June 2015
Nevadan Jeanne Karadanis Elected to NCJFCJ Board of Directors
The National Council of Juvenile and Family Court Judges (NCJFCJ) has elected Jeanne Karadanis, a lifelong humanitarian, to the Board of Directors. “Jeanne is committed to help make the world a better place,” said Judge Peggy H. Walker, NCJFCJ President. “Her work and philanthropy in our hometown headquarters of northern Nevada will bring knowledgeable insights and expertise … [Read more...] about Nevadan Jeanne Karadanis Elected to NCJFCJ Board of Directors
Nevada State Bank recognized as a top business lender by Small Business Administration
Bob Hart receives Small Business Lifetime Advocate of the Year award LAS VEGAS – At the 2015 SBA Small Business Awards, the Nevada Small Business Administration awarded Nevada State Bank the following Lender of the Year awards: Silver – 7(a) Loan Production Bronze – 3rd Party Loan Production The 7(a) Loan Program is the most frequently used financing program for … [Read more...] about Nevada State Bank recognized as a top business lender by Small Business Administration
Family Owned Business Awards Announced
RENO – Winners have been announced for the fifth annual Family Owned Business Awards, presented by Nevada Business Magazine and sponsored by Nevada State Bank. Several hundred nominations were received, detailing the accomplishments and the history of family owned businesses in Nevada. Judges then narrowed the entries down to 60 finalists in 10 different categories, … [Read more...] about Family Owned Business Awards Announced
Holland & Hart’s Frank LaForge Wins Case Before the Nevada Supreme Court
Holland & Hart recently obtained another important decision concerning deficiency law in Nevada. As a matter of first impression, the Nevada Supreme Court held that creditors in Nevada can recover deficiency judgments based on out-of-state non-judicial foreclosures. The case, Branch Banking & Trust Co. v. Windhaven & Tollway, LLC, involves a multimillion-dollar … [Read more...] about Holland & Hart’s Frank LaForge Wins Case Before the Nevada Supreme Court
Holland & Hart Launches Free Entrepreneur Education Series ‘Law on Tap’ to Support New and Growing Reno Businesses
RENO, Nev. — Holland & Hart, Nevada’s largest full-service law firm, will launch its inaugural six-part series called “Law on Tap” on May 27 from 4:30 to 6:30 p.m. at the Holland & Hart offices in Reno. “Law on Tap” gives local entrepreneurs and small business owners the opportunity to learn from Holland & Hart attorneys how to navigate the fundamental legal and … [Read more...] about Holland & Hart Launches Free Entrepreneur Education Series ‘Law on Tap’ to Support New and Growing Reno Businesses
Reno-Based Trinity Applied Internet Moves into New Headquarters
RENO, NV - Trinity Applied Internet announced a new location for their headquarters at 595 Double Eagle Court, Suite 2001 in Reno. The move keeps Trinity central to manufacturers and addresses the need for increased capacity. "We were bursting at the seams in our previous office, and with an expanding team of new developers, we really needed more space," said Erin Anderson, … [Read more...] about Reno-Based Trinity Applied Internet Moves into New Headquarters
Education: The Key to Success
A high school graduate, entering the workforce in Southern Nevada directly after graduation, earns on average $6,000 more annually than a non-graduate. At a very basic level, that’s the effect of education on the economy. Education affects more than workforce, more than the economic development that comes as a result of the talents and training of employees and more than the … [Read more...] about Education: The Key to Success
Death and Taxes: With Some Revision, Sandoval’s Tax Hikes Not Necessary
In this world nothing can be said to be certain, except death and taxes.” — Benjamin Franklin Had Benjamin Franklin been living in 21st century Nevada, his famous quote might have read something like this: In Nevada, nothing seems certain, except death and tax increases. It appears that — regardless of who is elected, which party holds the majority, or how hard those in … [Read more...] about Death and Taxes: With Some Revision, Sandoval’s Tax Hikes Not Necessary
Around the State: May 2015
LandWell Company Donates 14-acres to Lake Mead Christian Academy The LandWell Company, developer of the 2,200 acre master planned community Cadence, has donated 14-acres of the community to the Lake Mead Christian Academy to accommodate the school’s expansion. The school, which was founded in 1989, begins construction immediately and is expected to open for the 2016 school … [Read more...] about Around the State: May 2015
Slow & Steady: Nevada’s Luxury Home Market Regains Traction
A newly built, 6,400-square foot, 5-bedroom, 5-bathroom custom home in Incline Village with Lake Tahoe views sold about seven months ago for $5.1 million. The two-story boasted hickory floors, granite countertops and fireplace, knotty alder cabinets and doors, vaulted ceilings, a heated driveway, elevator, first-floor master, game room, wine closet and deck and more. The … [Read more...] about Slow & Steady: Nevada’s Luxury Home Market Regains Traction
Business Indicators: May 2015
The “third” estimate for fourth quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 2.2 percent. Compared to the “second” estimate, personal consumption expenditures increased more, but were offset by smaller changes in private inventories. Nonresidential fixed investment, residential investment, and state and local government spending also … [Read more...] about Business Indicators: May 2015